There
has been a considerable growth of pharmaceutical industry in the country during
the last few years. As per the
information available with Pharmaceuticals Department through ORG-IMS, April, 2009 MAT value of Indian pharmaceutical
market is Rs. 55,454 crores. This includes retail pharmaceutical market at
MRP, generic plus companies not tracked by ORG, hospitals and institutional sales
(except Government procurement), direct doctor purchase, Pharmaceutical OTC
products and diagnostics. ORG-IMS has calculated detailed market
at MRP from retail market at PTR (SSA Audit) and rest of all components are derived.
The
average approximate MAT value for the last three years is as under:
April 2007 MAT April 2008 MAT April 2009 MAT
Rs.
43,904 crore Rs. 50,410 crore Rs. 55,454 crore
This
Department monitors production of selected bulk drugs only. NPPA has reported that during the current
year 2009-10, the price increase in respect of 122 cases of Scheduled
drugs/formulations ranged between 0% to 25%. Only in 3 cases, the price increase was between 25% to 50% mainly due to upward revision in the notified
price of the bulk drug. The
details of all these cases are available on the NPPA’s
website www. Nppaindia.nic.in.
As
a part of price monitoring activity, NPPA regularly examines the movement in
prices of non-scheduled formulations.
The monthly reports of ORG IMS and the information furnished by individual
manufacturers are utilized for the purpose of monitoring prices of
non-scheduled formulations. Wherever a
price increase beyond 10% per annum (It was 20% before 1.4.2007) is noticed, the
manufacturer is asked to bring down the price voluntarily failing which,
subject to prescribed conditions, action is initiated under paragraph 10(b) of
the DPCO, 1995 for fixing the price of the formulation in public interest. Based on monitoring of prices of
non-scheduled formulations, NPPA has fixed prices in case of 27 formulation
packs under this paragraph and companies have reduced price voluntarily in case
of 64 formulation packs. Thus in all,
prices of 91 packs of non-scheduled drugs have got reduced as a result of the
intervention of NPPA. This is an ongoing
process.
This
was informed by the Minister of State for Chemicals and Fertilizers Shri Srikant Kumar Jena in a
written reply in the Lok Sabha
today.
.....
PKM/SB